Excerpts from the Introduction: U.S. agricultural exports account for about one-fifth of world exports of these commodities. In fiscal 1963-64 nearly three-quarters of the total consisted of commercial sales for dollars. Slightly over one-fourth moved under Government financed programs, including: (1) Sales for foreign currency; (2) barter of agricultural commodities for strategic materials to be stockpiled and for goods, equipment, and services required abroad by other U.S. Government agencies; (3) donations; and (4) long-term supply and dollar credit sales. This article reviews the extent of export payment assistance to U.S. exports of farm products for fiscal 1963-64 and summarizes the developments in export payment programs during the past year.

Reprinted from Foreign Agricultural Trade of the United States May 1965